$XAG The chart shows Silver perpetual) with the following key support & resistance levels:
1. *Resistance*:
- Immediate resistance at *90.07* (24h high).
- Next psychological level around *90.44* (upper chart boundary).
2. *Support*:
- Immediate support at *87.24* (recent low).
- Stronger support zone near *82.82* (lower swing low).
3. *Current action*:
- Price is at *89.50* with a bullish candle, suggesting momentum toward testing 90.07 resistance.
- If 90.07 breaks, next target is 90.44; if rejected, a pullback to 87.24 or 82.82 is likely.
4. *Moving averages*:
- MA(5) is at *2,685,418.6162* (likely a price smoothing line near 84–85, supporting the uptrend).
- MA(10) shows a longer-term trend still bullish.
*Advice*: watch the 90.07 breakout for continuation or a dip to 87.24 for re-entry. Use volume (15.97M XAG) to confirm strength.
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